debt
confidence high
sentiment neutral
materiality 0.50
O-I Glass subsidiaries tender $142M of 2023 notes, $283M of 2025 notes, €667M of 2024 notes
O-I Glass, Inc. /DE/
- OBGC priced tender for $250M 5.875% 2023 notes at $999.73/$1,000; $141.98M tendered.
- OBGC tendered $282.82M of $300M 5.375% 2025 notes at $1,010/$1,000.
- OIEG tendered €666.74M of €725M 3.125% 2024 notes at par.
- Settlement expected May 26, 2023; accrued interest paid to but not including settlement.
- Additional notes tendered via guaranteed delivery procedures will also be accepted.